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Verint Systems Buys Into Customer Service And Cloud

Verint Systems (VRNT) is using an acquisition to move into the customer service software and cloud computing markets. The data analytics software company announced on Monday that it’s reach an agreement to acquire Kana Software, a maker of customer service software, for $514 million. The acquisition will be funded by $100 million in cash and the rest from debt. Verint stock, which touched new highs above 43 last week, was up 6.5% at an all-time

Verint Systems Q3 Earnings Impress, Stock Rises

Verint Systems (VRNT) stock rose Thursday to an eight-year high, a day after the enterprise software maker reported fiscal Q3 earnings and revenue that exceeded analyst views. Verint stock was up more than 3% in midday trading in the stock market today, near 39. Verint stock is up more than 30% this year For the quarter ended Oct. 31, the company reported earnings per share minus items of 80 cents, up 27% from the year-earlier period and way above